Shaw Communications Inc. (TSX:SJR.B) (NYSE:SJR) ("Shaw") announced today the filing with Canadian securities regulators of its 2011 audited annual consolidated financial statements, related management's discussion and analysis and 2011 annual information form and the filing with the U.S. Securities and Exchange Commission of its 2011 annual report on Form 40-F which includes the Canadian filings.

These documents are available on Shaw's website (www.shaw.ca) and the Canadian Securities Administrators' website (www.sedar.com). The Form 40-F is available on the U.S. Securities and Exchange Commission's website (www.sec.gov). Any shareholder wishing to receive a printed copy of the 2011 audited annual consolidated financial statements and related management's discussion and analysis may request one by e-mail to investor.relations@sjrb.ca.

Shaw is a diversified communications and media company, providing consumers with broadband cable television, High-Speed Internet, Home Phone, telecommunications services (through Shaw Business), satellite direct-to-home services (through Shaw Direct) and engaging programming content (through Shaw Media). Shaw serves 3.4 million customers, through a reliable and extensive fibre network. Shaw Media operates one of the largest conventional television networks in Canada, Global Television, and 18 specialty networks including HGTV Canada, Food Network Canada, History Television and Showcase. Shaw is traded on the Toronto and New York stock exchanges and is included in the S&P/TSX 60 Index (TSX:SJR.B) (NYSE:SJR). For more information about Shaw, please visit www.shaw.ca.

Contacts: Shaw Communications Inc. Investor Relationsinvestor.relations@sjrb.cawww.shaw.ca

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